606 N Sycamore Avenue
Los Angeles, CA 90036
MLS #17212284

Income
  • 5units
  • 5,008sq ft
Active Under Contract $2,345,000
Est. P&I payment: $8956.31/mo
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Description for 606 N Sycamore Avenue, Los Angeles, CA 90036
TRENDY & WELL-LOCATED 5 UNIT COMPLEX WITH LOTS OF UPSIDE WITH THE PERFECT MIX: 1: 3 BEDROOM 2 BATH, 1: 2 BEDROOM + 1 BATH, 3: 1 BEDROOM + 1 BATH - THE 2 BEDROOM UNIT IS VACANT AND THE RENT FOR THAT UNIT IS PROJECTED. THE REST OF THE RENTS ARE ACTUAL. THIS SPANISH STYLE HOUSE WITH LOADS OF CHARM & CHARACTER IN ITS GREAT COMMUNITY IS IN A HIGH DEMAND AREA CLOSE TO EATERIES & ENTERTAINMENT. BUILDING HAS UPGRADES & JUST FRESHLY PAINTED. GREAT OCCUPANTS & RENTAL MARKET. INQUIRE ABOUT THE UPSIDE IN RENTS WITH THE PRESENT VACANCIES AND ONE OTHER UPCOMING. EACH UNIT HAS ITS OWN WATER & DRYER HOOK UP. TENANTS PAY THEIR OWN GAS & ELECTRICITY.
MLS #17212284
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My Notes for MLS #17212284

General Features

  • Number Of Buildings: 1
  • Number Of Units Total: 5
  • Year Built: 1927
  • Zoning: LARD1.5

Exterior Features

  • Stories Total: 2
  • Lot Size SqFt: 7,424
  • Lot Size Units: Square Feet
  • Parking YN: 1
  • Parking Features: Private

Utility Features

  • Cooling YN: 1
  • Cooling: Gas,​Zoned
  • Laundry YN: 1
  • Laundry Features: Gas Dryer Hookup
  • Appliances YN: 1
  • Appliances: Garbage Disposal,​Refrigerator,​Dishwasher,​Vented Exhaust Fan

Financial Features

  • Net Operating Income: 102,297
  • Price Per SqFt: 468.25
  • Total Expenses: 55,083
  • Gross Multiplier: 14.9
  • Gross Operating Income: 157,348

Miscellaneous Features

  • Building Area Total: 5,008
  • Days On Market: 209
  • Special Listing Conditions: Standard
  • Cumulative Days On Market: 209

Location

 
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Directions to 606 N Sycamore Avenue, Los Angeles, CA 90036
SOUTH OF MELROSE, WEST OF HIGHLAND BLVD AND EAST OF LA BREA BLVD.
Listing information for 606 N Sycamore Avenue, Los Angeles, CA 90036 was graciously provided by our friends at the listing brokerage, Tradewind Realty and by listing agent Perez Louis DRE# 01218758

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P&I Payment $8956.31
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Last Updated 01/18/2018 at 3:37am
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